Property summary
This Class A, 1,200 sq. ft. single-tenant retail space is located at 14788 Bear Valley Rd, Victorville, CA 92395. Situated on a major commuter route adjacent to the I-15 freeway on-ramp, this property benefits from high daily traffic counts of 62,700 and 100,000 vehicles respectively. Bear Valley Road boasts a thriving retail environment, with numerous established restaurants and retailers nearby, including Carl's Jr., McDonald's, Starbucks, Popeyes, Panda Express, Burger King, and Home Depot. Victorville's position as the largest commercial center between San Bernardino and the Nevada border, coupled with its significant population growth (over 117% since 2000, with a projected 20% increase in the next five years), creates a strong market for retail businesses. The city's robust workforce, bolstered by 34 universities, colleges, and technical schools, further enhances the area's economic vitality. The ongoing residential development, with 15,663 homes planned in the Victor Valley region and a 35% increase in new home permits in 2019, promises continued growth and increased consumer demand. This prime location offers exceptional visibility and access to a large consumer base, making it an ideal opportunity for a variety of retail businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering Catering Service
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Cafe & Coffee Shop
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Restaurant
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Mobile Phone Store Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Zoning
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